Order Form

    This individual Report 17th Annual U.S. Open Loop Prepaid Cards Market Forecast 2020-2024, Part One is available for purchase. This Report is available to members of Mercator Advisory Group’s Prepaid Advisory Service. Please be advised that this Report is normally part of a research and advisory service that provides ongoing support throughout the year. As such, this Report contains significant depth of content that is selected for its strategic importance to our members. (For a description of these services, see our Advisory Services section).

    While the Report represents significant analyst time invested, there is no means of our ascertaining if it will fully meet your specific intended purposes. Typically, these Reports form the basis for future discussions with our clients where we are able to fine-tune additional information that we have gathered in the construction of the series of Reports (or locate new information rapidly due to our exclusive focus on gathering information in the payments industry) for specific member needs.

    Unfortunately, in fairness to our paying members, we are not able to offer this level of support for a single Report purchase. We will, however, credit any Research Document purchase against the future purchase price of the service should you become a member within 30 days of purchasing the document.

    The price for individual Report purchases is $2950 per document. 


    Use the form below to request this individual Report purchase or

    Click here for a fax-back order form




17th Annual U.S. Open Loop Prepaid Cards Market Forecast 2020-2024, Part One

The open loop prepaid market in 2019 prepared no one for 2020.

Mercator Advisory Group releases new research that finds that cash access has preserved much of its value proposition.

Mercator Advisory Group’s most recent report, 17th Annual U.S. Open-Loop Prepaid Cards Market Forecast 2020-2024, Part One reveals some categories will grow under the pressure of COVID-19, while others are under assault.

Predicting the future is always a challenge, and the COVID-19 storm clouds from 2020 onward make the task even more of a crystal-ball exercise.

Nonetheless, for the 17th year, Mercator Advisory Group has attempted to balance all the forces affecting the prepaid market to produce a picture of the prepaid industry’s future.

This report provides a five-year forecast (to 2024) as well as Mercator’s market estimate of the dollars loaded on open loop prepaid debit card programs in the U.S. market in 2019.

“The Cash Access category covered in this Report includes not only Open-Loop Gift, which will experience growth under the pressure of the virus, but travel, which has nearly imploded,” said Theodore Iacobuzio, VP and General Manager of Research at Mercator Advisory Group and the author of the report.

The second part of this report deals with the other categories of open-loop cards as delineated in the taxonomy.

This report is 16 pages long and contains 21 exhibits.

Companies mentioned in the survey results shown include: American Express, Blackhawk, Fiserv, FIS, Global Payments, Green Dot, InComm, Mastercard, Netspend, Visa

Highlights of this report include:

  • Growth in the open loop prepaid card category as a whole was positive in 2019, reaching a very healthy 13.6% year-over-year (YOY).

  • While the strong economy of 2019 propelled continued growth in many segments, the effects of the COVID-19 pandemic on consumer and business spending are expected to be significant beginning with 2020.

  • Mercator Advisory Group forecasts that growth in the open loop prepaid loads in the United States will be 4.1% through 2024, reaching a total of $466.2 billion.

  • Money and Financial Services are a bright spot in the Cash Access core open loop category. This sector is expected to continue on its growth trajectory, in spite of the challenging market environment, thanks to its use in certain consumer groups and applications.